NET ZERO proposed that Alphabet should revisit its carbon offsets disclosure policy in order to give investors clearer insight into the company ’ s environmental strategies .
“ Green Century , and I expect many , many investors , value insight into how Alphabet is managing its climate risk . I believe embracing transparency will only help it select offsets wisely and avoid the greenwashing label ,” said Green Century Funds President , Leslie Samuelrich .
Green Century Funds Shareholder Advocate , Andrea Ranger , added : “ Becoming a leader in carbon offsets seems like a natural step forward [ for Alphabet ]. I think our proposal was a wake up call for Alphabet . Investors like us are analysing corporate climate commitments very closely , and we want to see that claims of emissions reductions using offsets are actually true .”
Another prominent carbon offsetting leader is JetBlue . In 2020 the company became the US ’ first major airline company to achieve its goal of becoming carbon neutral on all domestic flights . Today , the company website offers customers the opportunity to purchase their own carbon credits and thereby ‘ cancel the emissions from your flight ’. Most importantly , the page has access to further information about ‘ where offsets go ’ and ‘ is offsetting enough ?’.
However , in December 2022 JetBlue stated that it would no longer use carbon offsetting for domestic flights , and would instead focus
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